At a glance
HSBC’s privatisation of Hang Seng Bank became effective on 26 January 2026 and Hang Seng Bank shares were delisted from the Hong Kong Stock Exchange on 27 January 2026.
Hang Seng Bank is now a wholly owned subsidiary of HSBC Asia Pacific and therefore a wholly owned subsidiary of the HSBC Group.
About HSBC
HSBC is one of the world’s largest banking groups, serving more than 40 million customers, ranging from individual savers and investors to some of the world’s biggest companies and governments.
About Hang Seng Bank
Hang Seng is Hong Kong’s leading domestic bank, serving nearly four million customers through a network of more than 250 outlets in Hong Kong, and outlets in major cities in mainland China.
HSBC Group CEO
Commenting on the completion of the privatisation, HSBC Group CEO Georges Elhedery said:
“Hang Seng remains its own bank, with its own governance, brand, branch network and customer proposition. What people value in Hang Seng Bank, the role it plays in the community and the way it serves generations of customers, will continue.
“At the same time, the opportunities ahead grow stronger. By bringing together our shared heritage, Hang Seng Bank’s local strength and HSBC’s global reach, we will help ideas travel further, open new markets and create more opportunity for families, small businesses, entrepreneurs, investors and companies.
“We are honoured to carry this legacy forward and confident in what we can build together in the years ahead.”
Georges Elhedery, HSBC Group CEO
28 January 2026
Useful links
- HSBC media release (9 Oct 2025)
- Joint 3.5 announcement (9 Oct 2025) (PDF 531KB)
- Scheme Document (15 Dec 2025) (PDF 610KB)
- Results of Hang Seng Bank Court Meeting and General Meeting (8 Jan 2026) (PDF 313KB)
- Sanction of the Scheme by the High Court (23 Jan 2026) (PDF 262KB)
- Scheme Effective Date and Withdrawal of Listing (26 Jan 2026) (PDF 223KB)